Nov 15, 2012 10:00pm PST
these things. he forged his parents' signatures on loan applications. >> reporter: and the government is using this guy to testify. >> exactly. he ended up getting 20 years in prison while i got 21. >> reporter: he sent a statement saying, mr. engle was convicted by a jury of fraudulently obtaining more than $1 million in four mortgage loans. that same office also fostered a case of more than $2.9 billion. somehow, those banks so hungry for those liar loans, by and large escaped criminal prosecution. >> reporter: what surprises me as somebody who has kept a pretty close eye on this over the last dozen years how people at the top of the food chain had to take a fall or been prosecuted or that the government even tried to go after them. why is that? >> you know, that is the $64,000 question. i think if you were to ask the folks in washington, they will tell you that there is a lot of behavior that while it was unethical and perhaps morally suspect didn't rise to the level of criminal conduct. >> reporter: is it sometimes just easier to go to the guy who is on the bottom of the food chain? >> it'
Nov 8, 2012 10:00pm EST
told during the campaign about the death of manufacturing in america -- harry smith tells us tonht that's just not true. and something we have noticed about our politicians during the storm crisis on the east coast. that and more as "rock center" gets under way. >>> well, good evening, and welcome to "rock center." we around here have been consumed by two huge stories over the past few days. the election drama, of course, and the big east coast storm. and then the nor'easter just last night that came in right on top of those already affected. hundreds of thousands are still without power since hurricane sandy. a lot of people who had had power restored lost it again in the snow and wind storm last night. in this region where so many lost their homes, and where millions of people have suffered through it, some times in our coverage of such events, individuals stand out. that happened on this very broadcast a week ago. a woman named phyllis, who was interviewed by ann curry on staten island. and so many of you have inquired about how she is doing, ann curry returned to staten island to fi